Facts of the Case
The petitioner, Neena Wadhwa, filed a writ
petition challenging the notice dated 20.03.2024 issued under Section 148A(b)
of the Income-tax Act, 1961, the approval dated 30.03.2024 granted under
Section 151, the order dated 30.03.2024 passed under Section 148A(d), and the
consequential notice dated 30.03.2024 issued under Section 148 for Assessment
Year 2017–18.
The principal ground of challenge was that the
reassessment proceedings had been initiated by the Jurisdictional Assessing
Officer and not by the Faceless Assessing Officer, which according to the
petitioner was contrary to the faceless reassessment scheme.
Issues Involved
Whether reassessment proceedings initiated by the
Jurisdictional Assessing Officer are without jurisdiction after introduction of
the faceless reassessment scheme, and whether such proceedings are liable to be
quashed solely on that ground.
Petitioner’s Arguments
The petitioner, through learned Senior Counsel,
contended that initiation of reassessment proceedings by the Jurisdictional
Assessing Officer violated the faceless assessment framework. Reliance was
placed on contrary views expressed by other High Courts, and it was submitted
that the issue arising from the Delhi High Court judgment in TKS Builders Pvt.
Ltd. was pending consideration before the Supreme Court.
It was further pointed out that in proceedings
before the Supreme Court arising out of PC Jeweller Ltd., liberty had been
granted to the Revenue to continue proceedings, subject to non-enforcement of
any adverse order.
Respondents’ Arguments
The Revenue submitted that the issue was squarely
covered by binding judgments of the Delhi High Court, including TKS Builders
Pvt. Ltd. v. ITO Ward 25(3), PC Jeweller Ltd. v. ACIT, and Mehak Jagga v.
Income Tax Officer, wherein identical challenges had been rejected. It was
argued that in absence of any stay by the Supreme Court, TKS Builders continued
to bind the Delhi High Court.
Court Order / Findings
The Delhi High Court noted the fair concession of
the petitioner’s Senior Counsel that the issue raised was covered by the
judgment in TKS Builders Pvt. Ltd., wherein it had been held that both the
Jurisdictional Assessing Officer and the Faceless Assessing Officer have
competence to initiate reassessment proceedings.
The Court further observed that identical writ
petitions raising the same challenge had already been dismissed by following
TKS Builders, including in PC Jeweller Ltd. and Mehak Jagga. In absence of any
stay on the judgment in TKS Builders, judicial discipline required the Court to
follow the binding precedent.
Important Clarification
The Court clarified that pendency of an issue
before the Supreme Court does not dilute the binding nature of a High Court
judgment within its territorial jurisdiction unless the judgment is stayed or
set aside. Reassessment proceedings initiated by the Jurisdictional Assessing
Officer cannot be invalidated solely on the ground of the faceless scheme.
Final Outcome
The writ petition was dismissed. The Delhi High
Court upheld the validity of the reassessment proceedings initiated by the
Jurisdictional Assessing Officer for Assessment Year 2017–18 and dismissed all
pending applications as infructuous, deciding the matter against the petitioner
and in favour of the Revenue.
Link for download order- https://www.mytaxexpert.co.in/uploads/1769681864_NEENAWADHWAVsPRINCIPALCOMMISSIONEROFINCOMETAX18ANR..pdf
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